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Another Headache for Bitcoin Miners in Central Asia as Three Countries Hit With Blackouts
25.1.2022
Three of the Central Asian countries — Kazakhstan, Uzbekistan, and Kyrgyzstan — have been hit by a power blackout after Kazakhstan’s North-South power line was disconnected due to “emergency imbalances.”...
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US Still Dominates Bitcoin Mining Sector, 30-Day Stats Show Foundry USA Takes Top Pool Position
25.1.2022
Since the Cambridge Bitcoin Electricity Consumption Index (CBECI) project updated its mining map in mid-July, the United States has continued to dominate in terms of the amount of hashpower worldwide. Moreover, data shows that Foundry USA has managed to command the top pool position with...
Bitmain Reveals Hydro Bitcoin Miner With 198 Terahash, Produces Almost Double the Power of Today’s Top Machines
23.1.2022
One of the largest bitcoin mining rig manufacturers in the world, Bitmain announced the launch of a new bitcoin miner that boasts speeds of up to 198 terahash per second (TH/s). The new model is called the Antminer S19 Pro+ Hyd. and it leverages liquid cooling technology in order to improve overall...
Bitcoin records all-time high network difficulty amid price fluctuations
23.1.2022
Data from BTC.com estimates that the network will continue to grow stronger by attaining another ATH in the next 12 days — with a network difficulty of 26.70 trillion
Bitcoin Mining Difficulty Reaches Lifetime High, It’s Now More Difficult Than Ever Before to Find a Block Reward
21.1.2022
Following the drop in value during Thursday evening’s trading sessions, Bitcoin’s mining difficulty rose to a lifetime high, reaching 26.64 trillion after jumping 9.32% at block height 719,712. The mining difficulty’s all-time high (ATH) is now higher than the ATH it reached...
Lawmakers explore Bitcoin mining efficiency, broader crypto policy issues during Congress hearing
21.1.2022
While we are unlikely to see immediate policy effects of the exchange, legislators got educated on a wide array of blockchain-related concepts and issues
Team Proof-of-Work Educates Lawmakers at Bitcoin Mining Hearing in US
21.1.2022
Questions ranged from whether Bitcoin (BTC) could potentially transition to a proof-of-stake (PoS) consensus mechanism, to whether crypto mining can be considered “wasteful,” as lawmakers in the US House of Representatives discussed the energy impact of crypto mining during a hearing...
Witnesses address energy impacts of crypto mining during House hearing
20.1.2022
“If policymakers take a cautious approach and foster a pro-innovation environment, the rewards for consumers, investors and all Americans are likely to be great," said Jordan Ramis shareholder Gregory Zerzan
Watch Mining Hearing Live: Bitcoin Is More Energy-Efficient than Banks, Bitfury CEO Tells US Lawmakers
20.1.2022
Traditional banking requires 2.5 times the amount of power as Bitcoin (BTC) to produce the same amount of value, and only proof-of-work (PoW) provides “a truly trustless system,” according to Brian Brooks, CEO of major blockchain technology firm Bitfury and a former Comptroller of the Currency...
Russian central bank proposes blanket ban on crypto mining and trading
20.1.2022
Russian central bank has demanded reinforcement of the ongoing crypto payment ban and seeks to introduce punishments
Regulator Reiterates Call for EU Ban on Proof-of-Work Mining
20.1.2022
The EU should prohibit proof-of-work crypto mining, an executive at the European securities watchdog has insisted. Coins relying on the energy-intensive method of minting pose a risk to efforts aimed at meeting climate change goals such as those set in the Paris Agreement, the regulator says....
Bitcoin Mining Difficulty Set for a New All-Time High in Less Than a Day
20.1.2022
Bitcoin (BTC) mining difficultly is likely to break its all-time high in less than a day, cutting into the already decreasing profit margins of BTC miners.
At 10:23 UTC, Bitcoin mining difficulty, or the measure of how hard it is to compete for mining rewards, is expected to go up 9%...
Intel to Unveil an Energy-Efficient Bitcoin Mining Chip
20.1.2022
Intel, the globe’s 2nd largest semiconductor chip maker, seems to be preparing to unveil a Bitcoin mining chip. This same organization does have a demonstration planned under the “Highlighted Chip Releases” classification for this year’s ISSCC meeting to display a “Bonanza...
MXC’s 200% gain hints that LoRaWAN IOT mining projects could rally in 2022
19.1.2022
A growing partnership network, the ability to mine multiple cryptocurrencies simultaneously and renewed interest in blockchain-focused IOT technology back MXC’s 200% rally
EU securities regulator calls for proof-of-work crypto mining ban
19.1.2022
European regulators are concerned about crypto's risks to climate change goals
Bitcoin Mining Company GRIID to Be First Recipient of Intel's "Bonanza Mine" Chips
19.1.2022
GRIID, an American infrastructure company that owns and operates a number of Bitcoin (BTC) mining facilities, has inked a partnership with major multinational corporation and technology company Intel to become the first recipient of its upcoming "Bonanza Mine" chips....
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Bitcoin Mining Energy Use ‘Inconsequential,’ ‘Rapidly Becoming More Efficient’ - Saylor
19.1.2022
The total use of energy for Bitcoin (BTC) mining is “inconsequential,” and it is “rapidly becoming more efficient,” MicroStrategy CEO Michael Saylor said, as the mining industry is preparing for a hearing in the US House of Representatives this week.
Saylor was speaking during a quarterly...
Bitcoin mining becomes more sustainable: Mining Council's Q4 survey
19.1.2022
“This quarter we saw the trend continue with dramatic improvements to Bitcoin mining energy efficiency and sustainability,” said the Founder and CEO of MicroStrategy Michael Saylor
Intel to reveal new energy-efficient Bitcoin mining ASIC at next ISSCC
18.1.2022
The proposed "Bonanza Mine" promises to be a new, viable option to compete against traditional mining rigs
Former pro-crypto CoC Brian Brooks to testify in a House hearing on the energy impacts of mining
18.1.2022
Crypto allies dominate the list of witnesses slated to appear before the House Committee on Energy and Commerce